GE Passes $4 Billion Renewable Energy Mark
With a goal of investing $6 billion in renewable energy by 2010, GE Energy Financial Services has passed the $4 billion mark – just five months after hitting $3 billion – by investing in New York State’s three newest wind farms. GE will invest a total of $100 million in the three wind farms, whose construction began last month.
GE Energy Financial Services closed more than $2 billion of renewable energy transactions last year, and by 2010 expects they will comprise 20-25 percent of its overall energy and water portfolio, up from about 10 percent in 2006.
Energy Manager News
- The Hidden Pitfalls of Natural Gas Cost Savings
- Tesla Unveils Powerwall Stationary Energy Storage
- Cargill, Black & Veatch, EnerNOC Work with Tesla on Energy Storage
- Orion Energy Systems Wins LED Retrofit with VA
- UL to Open California Facility
- Hand Dryer Uses 950 Watts
- Ameresco Wins 18 MW Solar Contract for Fort Detrick
- New Energy Efficiency Law Could be Boon for HVAC Industry